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re: Draft Education Dept. budget to possibly cut Public Service Loan Forgiveness Program
Posted on 5/18/17 at 12:34 pm to Tiguar
Posted on 5/18/17 at 12:34 pm to Tiguar
quote:
People made decisions with this in mind. Some are years into it. Just taking it away would really screw a lot of folks. I'm early enough into it where I'd be pissed but would still have a manageable debt load.
People 8-9 years into it who have been using idr would be fricked and very regretful of their decision to trust fedgov.
My wife and I are both teachers and we are both 5 years into this program. We both work at lower income schools so that we can qualify for the PSLF. If the government does away with this program, you bet your arse my wife and I will jump ship and go to a better school. This will cause many good teachers to leave low income school thus making them worst.
Between my wife and I, we spend $1000 a month on student loans and are depending on this program when we become eligible in 5 more years.
I am an avid Trump supporter but I do not support getting rid of PSLF.
Posted on 5/18/17 at 12:38 pm to WHS
quote:
We both work at lower income schools so that we can qualify for the PSLF.
If it's a public school you're eligible regardless of the school's income level.
Posted on 5/18/17 at 1:04 pm to WHS
quote:
Between my wife and I, we spend $1000 a month on student loans
What?
quote:
This will cause many good teachers to leave low income school thus making them worst
You sure about that?
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